Regulation
Crypto
MicroStrategy issues $500M in convertible notes to buy more Bitcoin
MicroStrategy is doubling down on its debt initiative to to finance another major acquisition of Bitcoin.
Mining
Texas wants to use bitcoin miners for grid stability as power demand soars
The CEO of ERCOT advocated for increasing Bitcoin miners' participation as Controllable Load Resources to enhance stability of Texas power grid.
DeFi
Curve founder hit with $27M liquidation as CRV drops to historic low
Curve Finance hit by liquidation wave as CRV token plummets.
Technology
Tether to reveal new product line as part of $1 billion investment strategy
The stablecoin issuer is reportedly ready to invest over $1 billion into deals over the next year.
Regulation
Zimbabwe launches study to map and regulate crypto industry
The initiative seeks to map and regulate the crypto landscape, inviting insights from local and global firms.
DeFi
Polkadot parachain Moonbeam launches a $13M Web3 gaming fund
N3MUS is the first recipient of Moonbeam's innovation fund and is tasked with developing a gaming-focused ecosystem on the network.
Crypto
Bitcoin surges above $69k after better-than-expected US CPI
Experts said the current reading show that the core inflation has dropped to its lowest since April 2021.
Stablecoins
Ripple CEO unveils name of upcoming stablecoin RLUSD
Ripple has also developed an EVM sidechain to revolutionize DeFi.
ETF
Bitcoin ETF outflows hit $200 million ahead of FOMC meeting
The current uncertainty in the market is being fueled by the impending Federal Open Market Committee's (FOMC) decision on cutting interest rates.
Crypto
Trump vows to make US a Bitcoin mining powerhouse if re-elected
Embracing Bitcoin mining could be pivotal in Trump's envisioned energy strategy.
AI
Fetch.ai, SingularityNET, and Ocean Protocol token merger delayed to July 15
The native tokens of the AI projects suffered an average 10% decline following news of the delay.
Crypto
Polygon unveils 1 billion POL token program to boost developer engagement
Polygon said the inititaive would motivate developers to focus on building long-lasting viable projects.
